The Best CD Rates Today, March 31, 2025: Up to 4.65% APY

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In the fast-paced world of finance, capturing top rates is key to enhancing your investment gains. Right now, short-term CDs — those spanning up to 12 months (and sometimes a little longer) — shine with their offer of compelling rates. These financial tools enable you to maximize returns while maintaining flexibility with a short commitment.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. With the Federal Reserve’s recent action to maintain current interest rates, CD rates are expected to stay stable for now. Seize this opportunity to secure high rates and strengthen your investment portfolio.We’ve curated a selection of the top CD rates, promising up to a 4.65% annual percentage yield (APY) on your investment. Dive in and explore these opportunities!BankAPYTermMinimum DepositOMB4.65%7 Months$1,000DR Bank4.65%6 Months$500MutualOne Bank4.59%6 Months$500Brilliant Bank4.55%9 Months$1,000Marcus by Goldman Sachs4.50%14 Months$500LendingClub4.50%10 Months$2,500Data source: Issuing banks. Rates are accurate as of March 30, 2025.Why we chose these CDsExtremely competitive rates. Some CDs have slightly higher rates than those on our list, but most come with a catch.Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.Online convenience. Some banks require you to visit a branch to open a CD. The CDs on our list can each be opened straight from the issuer’s website.While the CDs above offer some of the most competitive rates available today, they’re not the only strong options worth considering. LendingClub offers a solid alternative, with CDs that are easy to open and come from a well-known digital bank. If you value a smooth online experience and flexible terms, it’s worth a look. Explore LendingClub CD rates here.The Best CD Rates From Our Partners TodayWant to find the best CD for your timeline and goals? Explore top rates by term:Best CD Rates — Our expert picks for the top accounts available todayBest 6-Month CD Rates — Short-term savings with fast accessBest 12-Month CD Rates — Solid returns with just a 1-year commitmentBest 5-Year CD Rates — Maximize earnings over the long haulShould you open a CD?Even though CD rates have decreased since mid-2024, they remain competitive. While the Federal Reserve has decided to keep the federal funds rate unchanged for now, many experts anticipate that rate cuts are likely to occur as we move further into 2025.Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.How to open a CDStep 1: Research and compare ratesStart by researching various banks and credit unions to find the best CD rates available. Look for the APY that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.Step 2: Review the terms and conditionsCarefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal.Step 3: Gather necessary informationPrepare the required personal information and documents necessary for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.Step 4: Apply for the CDOnce you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.Step 5: Fund your CDLink your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.Click here to explore the best CD rates and open a high-yield CD today.Earn up to 4.10% APY with less commitmentIf you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to deposit and withdraw money whenever you want and transfer money to other accounts quickly and easily. You can leave your money in the account as long as you want, with no time requirement.Unlike CDs, savings accounts have variable rates, meaning they can change any time at the issuer’s discretion. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.If you want to earn a competitive APY without committing your cash for a minimum of several months, check out our list of the best high-yield savings accounts.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

In the fast-paced world of finance, capturing top rates is key to enhancing your investment gains. Right now, short-term CDs — those spanning up to 12 months (and sometimes a little longer) — shine with their offer of compelling rates. These financial tools enable you to maximize returns while maintaining flexibility with a short commitment.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

With the Federal Reserve’s recent action to maintain current interest rates, CD rates are expected to stay stable for now. Seize this opportunity to secure high rates and strengthen your investment portfolio.

We’ve curated a selection of the top CD rates, promising up to a 4.65% annual percentage yield (APY) on your investment. Dive in and explore these opportunities!

Why we chose these CDs

• Extremely competitive rates. Some CDs have slightly higher rates than those on our list, but most come with a catch.
• Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.
• Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.
• Online convenience. Some banks require you to visit a branch to open a CD. The CDs on our list can each be opened straight from the issuer’s website.

Want to find the best CD for your timeline and goals? Explore top rates by term:

• Best CD Rates — Our expert picks for the top accounts available today
• Best 6-Month CD Rates — Short-term savings with fast access
• Best 12-Month CD Rates — Solid returns with just a 1-year commitment
• Best 5-Year CD Rates — Maximize earnings over the long haul

Should you open a CD?

Even though CD rates have decreased since mid-2024, they remain competitive. While the Federal Reserve has decided to keep the federal funds rate unchanged for now, many experts anticipate that rate cuts are likely to occur as we move further into 2025.

Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.

Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.

How to open a CD

Step 1: Research and compare rates

Start by researching various banks and credit unions to find the best CD rates available. Look for the APY that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.

Step 2: Review the terms and conditions

Carefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal.

Step 3: Gather necessary information

Prepare the required personal information and documents necessary for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.

Step 4: Apply for the CD

Once you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.

Step 5: Fund your CD

Link your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.

Click here to explore the best CD rates and open a high-yield CD today.

Earn up to 4.10% APY with less commitment

If you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to deposit and withdraw money whenever you want and transfer money to other accounts quickly and easily. You can leave your money in the account as long as you want, with no time requirement.

Unlike CDs, savings accounts have variable rates, meaning they can change any time at the issuer’s discretion. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.

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